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This is true. And not true. It is SO true that a company is a team effort. It is also sadly true that CEOs get most if not all the credit of what their teams
by theprop 9y ago
This is true. And not true.
It is SO true that a company is a team effort. It is also sadly true that CEOs get most if not all the credit of what their teams accomplish even if they didn't have much of a part in it. The current CEO "God" Jobs said as much, and in fact had wrong intuitions on a number of the most critical things today in Apple's business... a gigantic one being a hesitance to open up the iPhone to 3rd party apps. I think other Apple team members eventually convinced Jobs (probably didn't take that much effort) to open things up. Jobs was rightfully concerned 3rd party apps could crash your phone which wasn't a good idea!!
That said, when Apple didn't have a strong product-focused leader we saw where it went earlier, and one can see how it's floundering today -- under Cook, Apple was maybe 2 years or more late with a large screen phone and the iWatch is not good at all. Tesla under a certain CEO has in less than 15 years what's widely considered the world's best car...beating few dozen companies with long histories of making cars and limitless resources. Amazon took big risks with AWS, Prime, and many other things and failed miserably many times e.g. the Fire phone...but they have a leader who kept pushing things forward. Compare Amazon to say Walmart (to my view largely the same company it is today that it was 20 years ago) or any other e-commerce company. The visionary leader who can deliver revolutionary products relentlessly really does matter.